Melman on Gold & Silver
May 2016 by Leonard Melman
In terms of gold and silver, if this mountain of unbacked debt, now reaching several trillions of dollars, Euros, Yen or other currencies begins to truly collapse into an inflationary spiral, we will witness the onset of the mother of all precious metals bull markets.
Somehow, we received the impression from these two gatherings and from other conversations that bureaucrats in general are simply not aware of how difficult it is to raise capital to finance mining operations and how important it is for newer companies to show true progress in order to receive further financing.
The Nevada Historical Society's "This Was Nevada" Series
Much of the past 12 months, both in America and around the world, has been devoted to discussions of Keynesianism versus the Austrian School of economics; of the value versus risks of “Quantitative Easing,” of free markets versus government-dominated markets; and of the right of government to accede to unlimited demands on her resources, no matter the cost.
Well, by the time this issue hits the newsstands or your mailboxes, the New Year of 2013 will be upon us, and it seems worthwhile to take a look at important recent trends that are likely to extend into the coming twelve month period.
...for the most part, visible price inflation has remained dormant for the most of that period of time. This state of affairs would appear to contradict both monetary history and typical cause and effect reasoning. Even the Fed has expressed some surprise and concern regarding the matter.
...further strength in the Dollar, weakness in Crude Oil, and potential bearish action in gold and silver may yet be ahead.
The Bawl Mill • Our Readers Say • Ask The Experts • Ask The Experts • Ask The Experts • Ask The Experts • Think You Got It All? Guess Again! • Nevada's Silver City Gold District -- Part II • MMAC & PLP Update • Hard Rock Prospecting With Rusty • Drywashing in Black Canyon, Arizona • Progress Continues in Honduras • Mining Stock Quotes and Mineral & Metal Prices